UCB and UK government in huge joint capital investment
Belgian biopharma UCB (Euronext: UCB) has announced a capital boost from the UK government’s Life Sciences Innovative Manufacturing Fund (LSIMF), to support its ongoing investment in R&D in the country.
This joint capital investment of around £500 million ($676 million) extends the company’s partnership with the government to deliver innovative R&D from its new UK research hub in Windlesham, Surrey.
As many as four of UCB’s treatments currently available worldwide were discovered in the UK, with a further six antibodies unearthed on British soil and developed by partners.
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